Market Cap: $207,522,986,630
Cryptos: 2,105
Market Cap: $207,522,986,630
24h Vol: $11,124,873,031
BTC Dominance: 53.8827 %
$6,452.235 USD (-1.30 %)
$1.000000 BTC (0.00 %)
Rank 1
Coin (Mineable)
Mkt. Cap.
$ 111,819,891,670
Circulating Supply
17,330,412
Vol. 24H
$3,760,115,338
Max Supply
21,000,000
All Time High
$20089 ( Dec 17, 2017 )

What is Bitcoin

A completely transparent system, that uses a Peer to Peer connectivity to send and receive the digital assets in. Completely destroying the dependence of 3rd party payment processors to avoid double spending by recording transactions in SHA-256 and utilising those hashes within a block based mechanism, topped with digital signatures to prove the validity of transfership and transaction. All of these transactions and blocks are also recorded to decentralized ledger with timestamps.

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Features & Technology

The network requires all nodes to be updated all time to counter Byzantine Fault Tolerance whether it be a simple transaction or a block propagation, this way ensures that the network does not have any SPOF and there is total sync between all of the nodes.
A payment or transaction can be verified without the use of running a full node or an ASIC miner hy just containing all the blockheaders in that version of the blockchain, and requesting POW by querying other nodes on the network.
The proof of work consensus is found in bitcoin where the ‘miners’ solve the transactional hashes to validate the transactions and make a block, which also serves the purpose of finding nonces within the blocks.
Storing every transactional data on a storage unit can be tedious and prolonging, with the help of stubbing out transactional hashes and removing characteristics, until needed from the node is implemented to store the data between nodes.
To maintain financial freedom and sovereignty every address and transaction are hashed in the SHA-256 encryption. To send and receive the transactions, everything is first monitored by the asymmetric encryption, of the public and private keys, the private keys are required for the transaction to execute.

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Bitcoin News

19
Oct
2018

General

Jewelry Maker Marks Jewelers Now Accepts Bitcoin C...

Bitcoin
U.S. jewelry retailer Marks Jewelers has started accepting payments in cryptocurrency, including bitcoin cash. Shoppers ...
19
Oct
2018

Exchanges

Bitcoin trading volume approaches year low – mig...

Bitcoin
Since the beginning of the year, bitcoin trading has been in a downward trend. In January, bitcoin was traded between $...
19
Oct
2018

ICO

Genesis Global Trading has loaned $553M since Marc...

Bitcoin
Reading Time: 1 minuteGenesis Global Trading one of the largest over-the-counter (OTC) crypto dealer, announced that it...

Upcoming Bitcoin Events

19
Oct
2018
Bitcoin (BTC)

(Release )

COBINHOOD offers zero trading fees margin trading with 3x leverage for the following pairs: BTC/USDT, ETH/USDT, COB/ETH.
Added Oct 12, 2018
26
Oct
2018
Bitcoin (BTC)

(Other )

Last trade of Bitcoin futures contract for October 2018, trading terminates at 4 PM GMT.
Added Sep 20, 2018
06
Nov
2018
Bitcoin (BTC)

(Airdrop )

HODLER Cryptocurrency Wallets performs 10 x $20 airdrop.
Added Oct 10, 2018